Question
Solution
The new equilibrium income is Y*=1115/1.4=796.4 The change in equilibrium income is less than the shift of the IS curve. This is because of the crowding out effect of investment: rising interest rate reduces the investment and hence reduces the aggregate income.
Who among the following holds his office at the pleasure of the President?
Administrative Tribunals exercises
Which one of the following under CPC is not correctly matched:
If there is a dispute regarding the subsistence allowance payable to a workman under the provisions of Industrial Employment (Standing Orders) Act, 1946...
Who are not competent to Contract as per the Contract Act?
Under the Prevention of Money Laundering Act (PMLA), 2002, which of the following is a "reporting entity" under the Act?
No court inferior to that of _______________ class shall try any offence under this Provident Funds & Miscellaneous Provision Act 1952
Which is correct statement with respect to Liquidation Estate?
The age limit for driving a vehicle in a public place is?
Which of the following is not true about a decree?
